After the quarantine early last year, the home improvement industry benefited from residents staying at home and needing improvements at home.
Bio Bidet, the innovative developer of kitchen and bathroom products, released statistics showing that nearly half of US homeowners will plan to upgrade or remodel in 2021.
More than 45% of Americans are planning to modernize or remodel their homes (or rental apartments) this year, and 44% want to make it into either a modern, 39% aesthetically pleasing, and 37% more energy efficient smart home.
The demand for home improvement has increased since the pandemic began, and as a result, things have not been easy to manage. With all of the work that had to be done, companies became understaffed and could no longer physically view and measure the homes they were working in. Companies were forced to virtually consult customers and even ask customers to measure the areas they wanted to renovate themselves.
Eric Peschke, vice president of marketing at Zintex Remodeling, said while the remodeling is practically a big adjustment, they could rethink the way they work and broaden their thinking.
“We had to meet with our digital specialists to do renovations at Zoom, and even that expanded our business because people couldn’t do that before,” said Peschke.
According to the National Association of Home Builders, not only has the demand for home renovations increased, but building materials have also increased 180% over the past year. Some DIY enthusiasts believe the problem is a factor of convergence.
Due to the suspension of shipping materials overseas and the shortage of truck drivers caused by the pandemic, the home improvement industry has been largely affected and is still able to do so. On the lighter side, most home improvement stores have been able to spend their money in the US and source materials faster and more efficiently.
“If we look at the past year in a few years, you will see that the home improvement industry only flourished after the first few months of the pandemic,” said Peschke.
According to Peschke, exterior improvements such as roofs and windows as well as interior fittings such as kitchens and bathrooms are the most common requirements for do-it-yourself work.